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20121201
20121231
Search Results 0 to 3 of about 4 (some duplicates have been removed)
for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective, i think washington moves too slowly. tax rates will go for all americans, and cuts will go into effect by the end of this year, and we will see no more unemployment benefits for about 2 milli
. meanwhile, investors are keeping an eye on washington as the deadline to avert the so-called fiscal cliff comes ever closer. >> a different kind of click now -- thousands of mystics, new-age and deals and fans of pre- hispanic culture made their way to mexico in hopes of witnessing great things in less than 24 hours now. that is when the old mayan calendar predicts the end of the current world and the dawn of a new one. >> many of today's ethnic maya do not understand what all the fuss is about. mostly christian, they have looked on in wonder at the influx of foreign tourists to ancient cities in southern mexico and central america was a past hundreds of years ago. -- whose heyday past hundreds of years ago. >> they are dancing according to an ancient mayan ritual in preparation for the end of the world. these days, the famous complex in guatemala is full of visitors. many tourists have come to experience the big day. >> there are mixed feelings. s going to end. others believe it is the end of one era and the beginning of another. democrats are also gathering at mayan sites in mexico. tou
peh. they had a diplomatic interest in north korea because washington and the u.n. don't have diplomatic relations. they said they may use that as a bargaining chip to get the u.s. to make concessions. north korean leaders endured condemnation last week for launching what they called a satellite-carrying rocket. the security council says there are consequences, but they are still struggling to agree on what those consequences will be. councilmen has condemned them because the north koreans ignored a ban on using missile technology. still, they don't want to adopt a legally binding resolution. they said it could pump them to conduct another nuclear test. japan's diplomats are working with north korea to try to impose sanctions. but they're far from waiting for the chinese to change their position. >>> world leaders of the two biggest economies have started laying the ground work for cooperation. china's president paid a visit to the u.s. president, obama. they agreed to boost economic cooperation. juan said members of china's communist party and government had great importance
Search Results 0 to 3 of about 4 (some duplicates have been removed)